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20110701
20110731
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to emphasize is we have a unique opportunity to do something big. we have a chance to stabilize america's finances for a decade or 15 years or 20 years. fw we' if we're willing to seize the moment. what that would require is some shared acura fisacrifice and a approach that says we are going to make cuts in domestic spending. i have already said that i'm willing to take domestic spending down to the lowest percentage of our overall economy since dwight eisenhower. it also requires cuts in defense spending. and i've said that in addition to the $400 billion that we already cut from defense spending, we're willing to look for hundreds of billions more. it would require us taking on health care spending, that includes looking at medicare and finding ways that we can stabilize the system so that it is available not just for this generation, but future generations. and it would require revenues. it would require, even as we're asking the person who needs a student own loloan or the senio citizen or people, veterans who are trying to get by on the disability check, even as we're trying to mak
about $2.4 trillion in cuts in an effort to avoid raising taxes. >> to get a big tax package we need increases in a situationing difficult. with unemployment, we have a terrible idea it is a job killer. >> what's really appalling is to see our republican colleagues to provide a form of extortion. if you don't agree to deficit reduction the way we want it, we are going to put all these jobs at risk. >> treasury secretary timothy geithner says that if the debt ceiling sing not raised by august 2, it could have catastrophic consequences on the global economy. >>> president obama is expected to hold that news conference we mentioned on debt limit negotiations at any minute now. as soon as he steps to the podium we will bring the entire news conference live right here on nbc4. >>> take a look outside now. it is getting hotter. it could be dangerous, code orange, i believe, it is now. tom kierein has been keeping an eye things. we had a nice weekend. a hot one, however. as we look at the sky we can see a lot of haze out there and humidity is back with us. tom will be joining us in just a m
Search Results 0 to 1 of about 2

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